Flat 29 Projection East Merchants Place

    FLAT 29 PROJECTION EAST, MERCHANTS PLACE, READING, READING, RG1 1EG

    This flat/maisonette leasehold property on Merchants Place last sold in August 2006 for £157,700. Based on price growth in the RG1 district since then, its estimated current value is £211,143 — placing it in the 27th percentile nationally and the 23rd percentile within RG1. The property covers 51 m² (549 sq ft), giving an estimated value of £4,140 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £157,700

    Aug 2006

    Estimated Valuation

    £211,143

    Est. £/sq ft

    £385/sq ft

    £4,140/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateOct 2016
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Aug 2006

    New build

    £157,700

    Key Metrics

    Estimated valuation£211,143
    Value per sq ft / m²£385/sq ft (£4,140/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile23rd percentile
    National percentile27th percentile

    District Context — RG1

    RG1 covers central Reading, including the town centre and surrounding residential areas in Berkshire. It is a diverse, urban neighbourhood with strong rental activity and a younger demographic profile.

    Average Property Price - RG1

    £330,361

    51

    National percentile

    Average Net Household Income - RG1

    £22,316

    2

    National percentile

    10-Year Annualised Price Growth - RG1

    2.3%

    13

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG1

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